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Fly News Breaks for January 17, 2017
IAC, ANGI
Jan 17, 2017 | 07:24 EDT
Cowen analyst Kevin Kopelman noted Angie's List (ANGI) released in-line membership numbers, but said the lack of details on more meaningful metrics was a negative. He said he is less confident the company can secure a favorable deal outcome with IAC (IAC). Kopelman maintained his Market Perform rating on Angie's List and lowered his price target to $6.50 from $9.00 as he discounted the probability of a favorable deal outcome.
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